Which of the following is a governmental audit type that has a primary concern with providing reasonable assurance about whether financial statements are presented fairly?
A) Financial Audit
B) Attestation Engagement
C) Performance Audit
D) Nonaudit services

Question

Quizplus · Accepted Answer

A financial audit is specifically focused on reviewing and providing reasonable assurance about the accuracy and fairness of financial statements, including the underlying transactions and disclosures. This type of audit is typically required for organizations that receive government funding or operate in a regulated industry. Attestation engagements, performance audits, and nonaudit services may also be performed by government auditors, but they are focused on different aspects of an organization's operations and may not involve the review of financial statements.

Which of the Following Is a Governmental Audit Type That